U.S. - Frozen Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Pig Meat Other Than Cuts Or Carcases Prices in the United States
U.S. Frozen Pig Meat Other Than Cuts Or Carcases Export Price per Ton in August 2022
In August 2022, the frozen pig meat other than cuts or carcases price per ton amounted to $3.0K (FOB, US), stabilizing at the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 an increase of 3.9% month-to-month. Over the period under review, the average export prices attained the maximum in August 2022.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($3.8K per ton), while the average price for exports to Honduras ($2.3K per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Frozen Pig Meat Other Than Cuts Or Carcases Exports
In August 2022, approximately 64K tons of frozen pig meat other than cuts or carcases were exported from the United States; surging by 4% against the previous month's figure. The total export volume increased at an average monthly rate of +1.5% from January 2022 to August 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain months. The growth pace was the most rapid in March 2022 with an increase of 15% m-o-m.
In value terms, exports of frozen pig meat other than cuts or carcases expanded to $193M (IndexBox estimates) in August 2022. The total export value increased at an average monthly rate of +2.1% over the period from January 2022 to August 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in March 2022 with an increase of 14% m-o-m.
U.S. Frozen Pig Meat Other Than Cuts Or Carcases Exports by Country
China (19K tons), South Korea (11K tons) and Colombia (6.5K tons) were the main destinations of exports of frozen pig meat other than cuts or carcases from the United States, together comprising 57% of total exports. Japan, Mexico, the Dominican Republic, the Philippines, Honduras, Australia and Canada lagged somewhat behind, together comprising a further 36%.
From January 2022 to August 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of +45.8%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for frozen pig meat other than cuts or carcases exported from the United States were China ($50M), South Korea ($38M) and Japan ($22M), with a combined 57% share of total exports. These countries were followed by Colombia, Mexico, the Dominican Republic, the Philippines, Australia, Honduras and Canada, which together accounted for a further 33%.
the Philippines, with a CAGR of +49.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the market for frozen pig meat other than cuts or carcases in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10113290 - Frozen pig meat (excluding carcases and half-carcases, h ams, shoulders and cuts thereof with bone in)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Producing Animals Slaughtered, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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Smithfield Foods' IPO priced below expectations at $20 per share, raising $521.7 million, with $260.9 million benefiting the company itself. The largest U.S. pork processor returns to the market after more than ten years.
349
Smithfield Foods' upcoming IPO is priced at $20 per share, showcasing significant investor interest and marking a notable shift from initial pricing strategies.
135
Smithfield Foods announces plans for a U.S. IPO, symbolizing confidence in the rebounding market, with top financial institutions as underwriters.
8929
Discover the top companies in the pork industry in the US, their strategies, and how they succeed. Learn about Smithfield Foods, Tyson Foods, Hormel Foods, and JBS USA.
566
In February 2023, the price of pork leveled off compared to the previous month, amounting to $2,674 per ton (FOB, US).
562
In August 2022, the pork price per ton amounted to $3.0K (FOB, US), which is down by -2.8% against the previous month.
955
In June 2022, the pork price per tonamounted to $2,920 per ton, picking up by 2.6% against the previous month.
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In May 2022, the pork price per ton amounted to $2,847 (FOB, US), rising by 5.5% against the previous month.
416
In Apr 2022, the average import pork price per ton amounted to $3,769, with an increase of 2.4% against the previous month.
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Over the previous year, the U.S. has seen pork exports hit record highs, largely due to unprecedented demand from China and the Philippines, where livestock numbers have fallen dramatically after the outbreaks of African swine fever. The U.S. is forecast to achieve a 5% growth in pork production in 2021 and exports are projected to remain high, driven by robust both domestic and foreign demand.
